Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.339%
Price spread now: dYdX against Nado+0.009%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PENGU-PERP | 0.008717 | 0.0100 | pay 0.0012% / 1h | 38m 11s | $585K | $1.0M | 5x |
| Short | dYdX PENGU-USD | 0.008718 | 0.0192 | get 0.0024% / 1h | 38m 11s | $12K | $4K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.24
- Price spread: +0.009% → 0.000%
- $0.87
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $3.11
- Costs to cover
- 0.170%
- Break-even
- 5.9 days
Slippage unknown: Nado: live order book, just now; dYdX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, just now | 1.15 bp | 8.7 bp −$9 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PENGU on 34 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.0209% | 1h | 0.008707 | −0.120% | $18K | $10K | 10x | as long as short |
| 01 Exchange PENGUUSD | −0.0032% | 1h | 0.008715 | −0.029% | $199 | $64 | 5x | as long as short |
| Gate PENGU_USDT | −0.0004% | 4h | 0.008707 | −0.120% | $3.3M | $15.6M | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | 0.008710 | −0.083% | $32K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | +0.820% | $3K | $117K | 5.5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.008706 | −0.132% | $309K | $709K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0099% | 4h | 0.008709 | −0.098% | $23K | $166K | 20x | as long as short |
| Nado PENGU-PERPlong | +0.0100% | 1h | 0.008717 | long leg | $585K | $1.0M | 5x | |
| Hyperliquid PENGU | +0.0100% | 1h | 0.008714 | −0.040% | $8.1M | $14.6M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.008718 | +0.003% | $120K | $577K | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PENGU | +0.0100% | 1h | 0.008721 | +0.040% | $153K | $243K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | 0.008698 | −0.219% | $36.4M | $159.8M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | 0.008697 | −0.235% | $23.2M | $38.6M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.008694 | −0.270% | $7.4M | $46.0M | 50x | as long as short |
| Arcus PENGU-USD | +0.0100% | 1h | 0.008720 | +0.029% | $19K | $24K | 5x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.008701 | −0.189% | $11.5M | $12.3M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.008699 | −0.212% | $4.8M | $9.1M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.008701 | −0.189% | $8.2M | $12.4M | 75x | as long as short |
| BingX PENGU-USDC | +0.0100% | 4h | 0.008691 | −0.304% | — | $2.3M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.008698 | −0.224% | $298K | $275K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.008712 | −0.065% | $866K | $985K | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.008753 | +0.412% | $457K | $2.0M | 10x | as long as short |
| ApeX Omni PENGUUSDT | +0.0100% | 1h | 0.008758 | +0.465% | $80K | $243K | 50x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.008911 | +2.220% | $2K | $2.0M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.008702 | −0.178% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.008734 | +0.189% | $91K | $348K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.008704 | −0.154% | $179K | $944K | 10x | as long as short |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.008696 | −0.247% | $201K | — | 3x | as long as short |
| dYdX PENGU-USDshort | +0.0192% | 1h | 0.008718 | +0.009% | $12K | $4K | 5x | |
| Reya PENGURUSDPERP | +0.0239% | 1h | 0.008708 | −0.107% | $294 | — | 10x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.008706 | −0.132% | $1.5M | $3.3M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0510% / S −0.0582% | 1h | 0.008711 | −0.075% | $118K | — | 100x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0653% | 1h | 0.008709 | −0.097% | $355K | $2.3M | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2296% | 1h | 0.008967 | +2.862% | $95K | $94K | 50x | as long as short |
Deribit PENGU_USDC-PERPETUAL
01 Exchange PENGUUSD
Gate PENGU_USDT
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDC
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Kraken Futures PF_PENGUUSD
Coinbase International PENGU-PERP-INTX